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1313 Washington StBoston, M...

Renee Portnoy Acquires Condo On Washington Street, Boston For $4.55M
SOLDCondo

Renee Portnoy Acquires Condo On Washington Street, Boston For $4.55M

1313 Washington StBoston, MA 02118, USA

$4,550,000

$2,299/SF

Building Size

1,979 SF

Asset Type

Condo

Closing

Jul 12, 2023

AI

Renee Portnoy acquired a condo property located at 1313 Washington Street, Boston, in a sale transaction from Thomas Devesto on July 12, 2023. The property was sold for a price of $4,550,000, with a square footage of 1,979, resulting in a price per square foot of $2,299.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $4,550,000
  • Square Footage: 1,979
  • Price Per Square Foot: $2,299
  • Address: 1313 Washington Street, Boston, MA
  • Market: Boston, MA

Renee Portnoy purchased the property from Thomas Devesto in the mentioned transaction. The sale transaction was completed on July 12, 2023, with a sale price of $4,550,000. Renee Portnoy's acquisition of the condo property at 1313 Washington Street showcases their interest in the Boston real estate market.

Players

Boston Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.49%

Cash-on-Cash

-1.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93